The market for insect meal is 'massive' if the product can be produced at the right price, the co-founder and co-ceo of Malaysia-based BSF ingredient producer, Nutrition Technologies, told this site.
The Singapore headquartered company aims to use the proceeds to fund an expansion into new markets; launch new products; accelerate R&D; and create new strategic partnerships, with a new JV facility elsewhere in Southeast Asia on the horizon.
Pet World Nutritions (PWN), SPCA Selangor and Nutrition Technologies are partnering on the production of Black Soldier Fly Larvae (BSFL) based dog food in Malaysia.
